GRT - Cliffwalking ShortI don't know what this is and I don't think it really matters The Graph - ok. This is a very weak chart, similar to ETH but much worse. Price is hovering under 1hr 50ma which in a downtrend it probably won't cross, and almost all support has passed and is now resistance. VPVR shows there is very little support, so this could walk straight of a cliff shortly and in consideration of BTC BTC.D that might be quite soon.
GRT
Not breaking the bull flag just yetJust a hands up for those that are too bullish at the moment, small hands guys.
We are still in a bearish trend until we break the 50k and create a support over 48k.
Until then just use the lateralization to increase your hands for the long term when we come back to the bullish trend.
GRT THE GRAPH $1.08 soon ?GRT the graph , this is the hourly chart that i am currently scalping hopefully to the road to $1.08.
I am predicting that BTC will go to $43800 shortly and hopefully it would allow GRT to continue its pump in the process, next known resistance targets for GRT are :
$0.82 , $0.86 , $0.90 , $0.96 , $1.08 !
i highly recommend scalping where we would sell on each resistance and rebuy at a bit higher price of each support where each previous resistance that was broken becomes support if that makes any sense !
keep in mind BTC has rallied hard , it might have a bit more in its tank but sooner or later the equilibrim will kick in where we would see a dip ! so even if you didn't manage to sell your GRT at the top you would definately still be able to rebuy later at cheaper prices ! i am targeting : $0.59 , $0.69 , $0.715.
This is not a financial advice , it's merely an opinion / idea , please do your own TA and when in doubt zooooooooooooom out !
GRTUSDT going long After BTC's bloodbath, the Graph GRT is at Jan 2021 lows in both pairs BTC and USDT. It almost lost all this year's gains.
I am going long from here due to the fact it is a low risk, and I am not planning to scalp but HODL. If you want to properly trade it, just buy at the breakout from the forming falling wedge on either chart; BTC or USDT.
PS in such volatile market, one should make sure to trade Alts that are fundamentally solid. Speculative trades would be high risk unless one's scalping.
GRT - Looks weak (As you asked)GRT actually looks weak. The sell volume is super high right now... so it's risky.
I don't think there can be any safe long positions in this market right now, but if the price managed to cross the resistance area, you can open long positions and aim for the TP as shown on chart.
Current Market Price: $0.6565
Good Luck
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GRTUSD correction finished....moving into wave 3After a meteoric rise, and devastating correction - it appears that GRT is bottoming and in the infancy of reversal.
Requires some strength in Bitcoin to continue this bounce, otherwise back to retest the lows and form a rounded bottom.
highlighted horizontal lines indicate potential areas of support/resistance
GRT/USDT. Low risk. Good Profit*DEFI
The Graph (GRT)
Rank 75
Max supply 10 Bn
Circulating 1.25 Bn ( 12.5% of 100%)
Goal 1 : 80% profit (return to resistance zone) - June-July 2021
Goal 2: 140% profit (exit from resistance zone and made a new ATH) - July-August 2021
Don't Forget subscribe, i Will be adding more coins - soon.
Profits to everyone!
GRT: Defi PulseI am watching for Defi to make big moves this year... GRT is a project that I have been watching since the beginning and seems to be a promising project. With that said, here is an update on my trade set-up for this coin. So far on the daily I have had three entries- stop lose and take profit have not changed! Not Financial Advice... CHEERS!